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Wearables Pose Serious Threat to Business Security

Woman with smartwatch

Cyber security experts have warned that the popularity of wearable devices among IT workers could become a major security issue as they are now bringing them into the office.

It may be mentioned that companies like Apple and LG have launched their smartwatches and wearable shipments are set hit the roof by the end of 2015. So far 75 million orders have been placed, says research firm CCS Insight.

Users of the devices are bound to bring them into their office and this could open up a new chance for attackers.

A senior official at Bitfender, the famous antivirus company, said that these gadgets pose a grave threat to corporates as many of them are working via BYOD (bring your own device) model.

You can be hacked so easily

Person at the keyboard

According to study conducted by Trend Micro involving 800 senior IT decision-makers, it was found that about 80% of European firms saw an increasing number of workers bringing wearable devices to their workplace. And, most surprising is that 77% of these firms are encouraging their workers to use these devices.

But, experts said the trend is unhealthy from security point-of-view. They said that there are specific threats to businesses if these somewhat innocent gadgets are allowed into corporate campuses.

It is known that these devices are either connected to a smartphone which is then connected to users’ work email, or other highly sensitive corporate info, on it. And, if the wearable device is compromised, expert hackers could easily get access to this data.

iPhone and Apple Watch demonstration

It is now just professionals, but ordinary consumers are using wearables for various purposes like fitness, checking heart rate and location.

Experts have revealed that such data are sold to a third party for advertising purposes. However, this transfer of data could be quite unsafe. If the data is not encrypted, it could easily be intercepted by hackers and they can use this info to build an email that looks legitimate, but having malicious link. And when innocent user clicks on such link, it will give hackers an entry point into an organization’s network.

Raimund Genes, who is chief technology officer at Trend Micro, has warned that wearable device makers are not doing enough to secure their devices.